Industry News
Global Gaming Awards: Grand Casino Luzern Secures its Place on the Shortlist
Each year, the pioneers of the gaming industry are named at the Global Gaming Awards. The prestigious nomination is highly coveted. Those who make it onto the shortlist can count themselves among the industry’s best for excellence in quality, innovation and trust. Grand Casino Luzern was the first Swiss casino to make it onto the shortlist for the ‘Casino’ category. But Switzerland’s success didn’t stop there: Paf, the platform partner of the Swiss online casino mycasino.ch, won first place in the ‘Responsible Gaming’ category.
3 February was the day of the gaming industry’s most important awards ceremony. A jury of more than 50 industry experts selected the casino world’s most outstanding companies at the Global Gaming Awards in London. Particularly noteworthy: Grand Casino Luzern was the first Swiss casino to secure itself a place on the coveted shortlist for the ‘Casino’ category. In addition to this, the long-established Finnish company Paf – the platform partner of the online casino mycasino.ch, operated by Grand Casino Luzern – was awarded first place in the ‘Responsible Gaming’ category for excellence in responsible gambling.
Although Grand Casino Luzern itself walked away from the awards ceremony empty-handed, CEO Wolfgang Bliem is still extremely pleased: “The Global Gaming Award is the highest distinction in the gaming industry. The fact that we were the first Swiss casino to make it onto the shortlist is a personal incentive for us to keep on increasing the quality of our services. We’re especially proud of the fact that our platform partner Paf achieved first place. Its award-winning standards for responsible gambling are also in effect in our online casino mycasino.ch, guaranteeing an exceptional level of player protection,” he said.
Only 10 casinos made it onto the shortlist for the ‘Casino’ category. These included Grand Casino Luzern and the Casinò di Venezia, officially known as the oldest casino in the world. The award was won by the renowned Casino de Monte-Carlo, which is well-known for its appearance in numerous James Bond films.
Grand Casino Luzern offers a mix between the glitzy casino scene in Monaco and the vibrant Las Vegas casino strip. Grand Casino Luzern’s mycasino.ch offers Switzerland’s largest and most innovative range of online casino games. All games are certified according to strict standards and approved by the Swiss Federal Gaming Board. Customers benefit from numerous secure payment methods such as Twint and Postfinance, in addition to an expert customer service team directly from Grand Casino Luzern.
SOURCE Grand Casino Luzern AG
Blake Sartini
Golden Entertainment Announces Leadership Changes
Golden Entertainment Inc. announced that effective March 20, 2024, Blake Sartini II, Golden’s Executive Vice President of Operations, became the Company’s Chief Operating Officer.
“Blake has worked in every capacity throughout our organization since he started at Golden almost 17 years ago. His unique knowledge of our Company’s culture, commitment to operational excellence, and strong leadership skills make him the ideal individual to be given responsibility for all our Nevada casino resorts, locals properties, tavern operations and related corporate functions,” Blake Sartini, Chairman and CEO of Golden, said.
Blake Sartini II initially joined Golden in June 2007, working with Golden’s tavern operations and building what is now the largest branded tavern portfolio in Nevada with 69 locations. Currently, as Executive Vice President of Operations, in addition to oversight of Golden’s taverns, he has direct responsibility for the Company’s five local casinos in Las Vegas and Pahrump.
Steve Arcana, Golden’s current Chief Operating Officer, became the Company’s Chief Development Officer also effective March 20, 2024. In this newly created role, Mr. Arcana will be responsible for all new tavern development, finding new third-party food and beverage concepts for the Company’s casino resorts, and exploring opportunities to unlock value in the Company’s excess real estate in Las Vegas, Laughlin and Pahrump. Mr. Arcana initially joined Golden in 2003 and has overseen the Company’s operations as it has grown from a privately held, 900-slot machine route operation to a publicly traded gaming company with casinos in Las Vegas, Laughlin and Pahrump in addition to its significant tavern portfolio.
“Steve has been with Golden for over 20 years and has been an integral part of growing our business and guiding us through many challenges. Steve has established a strong operating team and has been a consistent leader throughout his decades at Golden. His long history and extensive experience in the industry will continue to benefit the Company in his new role focused on creating value from new tavern development and unused assets in our casino portfolio,” Mr. Sartini said.
“These management changes will allow Golden to focus on maximizing performance in our core operations while exploring opportunities to drive future improvement by bringing potential new concepts to our existing portfolio. I am confident the changes to Blake and Steve’s roles with the Company will position us well to create additional shareholder value,” Mr. Sartini added.
Barclays Capital Inc
MGM Resorts International Announces Proposed Senior Notes Offering
MGM Resorts International announced that it proposes to offer $750,000,000 in aggregate principal amount of senior notes due 2032.
The Company intends to use the net proceeds from the offering of the notes to repay existing indebtedness, including its outstanding 6.750% senior notes due 2025. Pending such use, the Company may invest the net proceeds in short-term interest-bearing accounts, securities, or similar investments.
The notes being offered will be general unsecured senior obligations of the Company, guaranteed by substantially all of the Company’s wholly-owned domestic subsidiaries that guarantee the Company’s other senior indebtedness, and equal in right of payment with all existing or future senior unsecured indebtedness of the Company and each guarantor.
Deutsche Bank Securities Inc., BofA Securities, Inc., Barclays Capital Inc., BNP Paribas Securities Corp., Citigroup Global Markets Inc., Citizens JMP Securities, LLC, Fifth Third Securities, Inc., J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Scotia Capital (USA) Inc., SMBC Nikko Securities America, Inc., and Truist Securities, Inc. will act as joint book-running managers and Goldman Sachs & Co. LLC, PNC Capital Markets LLC, U.S. Bancorp Investments, Inc., and Wells Fargo Securities, LLC will act as co-managers for the proposed offering.
Affiliate Industry
The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024
The Nomination Committee of Catena Media proposed re-election of the following members of the Board of Directors:
Øystein Engebretsen
Theodore Bergquist
Adam Krejcik
Sean Hurley
The Nomination Committee proposed that Erik Flinck and Dan Castillo be elected as new members of the Board of Directors.
Göran Blomberg, Esther Teixeira-Boucher and Austin Malcomb have declined re-election as board members.
The Nomination Committee proposed that there will be six (6) members of the Board of Directors, changed from seven (7).
The Nomination Committee also proposed Erik Flinck to be elected as Chairman of the Board of Directors.
Erik Flinck, born in 1980, currently provides high end business consulting combined with serving as Chairman for the digital health startup, dr HUD. Mr Flinck previously served as Head of BCG Sweden and has extensive experience from corporate management, growth and turnarounds from nearly 20 years of Management Consulting and serving as Head of Group Strategy and M&A at Sandvik AB. He has a Masters Degree in Engineering (Software development and Financial Mathematics) from the Royal Institute of Technology in Stockholm and a Masters Degree in Business and Administration from Stockholm University and Stockholm School of Business.
Born in 1980, Dan Castillo has accumulated over 20 years of experience across startups, growth companies and turnarounds. Since 2015, Castillo has invested in Catena Media, maintaining a close watch on its progression, especially after its IPO in 2016. He has previous experience of listed board work in Kotipizza which Orkla acquired in 2018. He currently serves on the boards of five companies in different sectors, including Quartr.com in Fintech and Hope Studios in movie production. His academic background includes studies in Finance and Economics at Linköping University.
The Nomination Committee of Catena Media consists of:
Nicklas Paulson, representing Investment AB Öresund (chair of the nomination committee)
Marianne Stenberg, representing Second Swedish National Pension Fund
Martin Zetterlund, representing Niklas Karlsson
Göran Blomberg, chairman of the board of Catena Media.
The post The Nomination Committee’s Proposal of Catena Media’s Board of Directors at the Annual General Meeting 2024 appeared first on European Gaming Industry News.
-
Bragg Gaming Group4 days ago
Bragg Gaming Group Secures B2B Licence to Provide Casino Game Aggregation in Peru
-
Affiliate Industry4 days ago
SOFTSWISS is Best Platform Solution in Asia
-
Australia4 days ago
Queensland Parliament Passes New Laws Restricting Cash Gambling at Casinos
-
Latest News4 days ago
NetBet Casino Joins Forces with Light & Wonder
-
AIEJA4 days ago
Amusnet at the IV International Gaming Convention: Fostering Growth and Partnerships in the Меxican Gaming Sector
-
Central Europe4 days ago
Spinomenal teams up with Slovakian market leader Niké
-
Africa3 days ago
1Stop Translations Partners with Suss Ads
-
Compliance Updates4 days ago
TIPICO IS THE FIRST U.S. SPORTS BETTING OPERATOR TO RECEIVE ICAP ACCREDITATION FOR BEST PRACTICES IN ONLINE GAMBLING PLAYER PROTECTION